🚀 Will BNB reach a new high again? Is $730 the next stop?

Recently, BNB (Binance Coin) has shown signs of movement, reaching a critical moment. Many analysts are watching whether it will rebound and challenge its previous all-time high (ATH) again.

📉 Let's review the recent market situation:

On Friday, BNB once dropped to around $640, and it struggled to hold at the mid-range previously. Over the past month, it has oscillated between $630-$690.

However, as early as May, BNB surged to $697 in one go, almost reaching the 'door' of $700. Although it later corrected, it had also set a historical high of $788 by the end of 2024 💥.

Now, the market is focused on whether BNB can regain $700 and use it as a springboard to aim for higher targets?

📊 How does the technical aspect look?

👉 Analyst MoonCarl (Carl Runefelt) says:
Recently, BNB has formed a 'descending triangle' on the daily chart, with the price tightening gradually. The support level is around $635, and the resistance level is near $650.

He believes that if it breaks through this structure, BNB could directly rise by 10%, aiming for $700 first.

📈 Another perspective: Is the long-term trend also bullish?

Another analyst, CryptoBatman, pointed out that BNB has actually been forming an 'ascending triangle' 📐 over the past few months — the overall structure is still quite healthy, and it recently rebounded once again at the key support level of $635-$640.

He said: 'The rhythm of BNB right now is actually quite similar to the third quarter of 2024. At that time, the price was around $460, and then it skyrocketed!'

🎯 Is it possible to surge to $800?

Crypto Batman believes that if BNB can really break through the 'macro resistance level' of $729, it could very likely start the next round of growth, with the potential for an increase of 50%+ 😱!

He also emphasized:

As long as BNB can hold the bottom area of $490-$500, its overall trend remains bullish. $600 is a super key support level that the market will keep an eye on.

🧠 To summarize:

  • ✅ BNB is currently oscillating between $635-$650.

  • ✅ The technical outlook shows that once it breaks through, it may rise to $700 in the short term.

  • 🚀 If it can stabilize in the range of $700-$729, $800 is not a dream.

  • ⚠️ As long as it holds the support at $600 or even lower, the overall trend remains intact.

📌 Current price: oscillating around $641 (down 2.9% in the past week).

Although the market has fluctuations, many believe that BNB's bullish structure has not been destroyed.
If you are a long-term bullish person, this might be the stage of 'patiently waiting for takeoff' ✈️.

DYOR, manage your risks well, and may everyone set sail in the crypto world! 🌊

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